The terms may be more favorable, if you are just starting out a bank maybe nervous to do 3 at once, therefore their perceived risk will likely be reflected in less favorable terms.     

For investors, the current market presents a mixed bag: while short-term rental income may be lower, Miami remains a strong market for long-term growth as affordability attracts more tenants.What’s your take on Miami’s rental market?

If your rental rate is below the market anyway, a Tenant might consider this to be win as they would get the lower rate in the beginning and just rise to the level they were looking at everywhere else.Step clauses can be written right into the lease, or created by using 3 month lease terms with an auto-renewal at the step up rental rate price. 

The term "reasonable" is going to be redefined.

Check out the Short-term and Vacation Rentals forum.

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

Can someone explain the details of selling a house to a child?

Doing short-term rentals would be very interesting.

Looking for guidance on the best way to proceed going forward in terms of asset protection and how to structure all of this real estate… 

You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.